Hampton,Middlesex,UK, ID 139706
Fully fitted café and pizzeria business available for sale in Hampton, Richmond, with a three-bedroom flat included.
Proof of funds required: all interested buyers must be able to provide proof of funds prior to requesting a viewing.
Main details: established for over 15 years as a family-run café business. The operation benefits from a premises licence, gas supply, and extraction. Outdoor seating is available. The café is eligible for 100% business rates relief. The sale includes a three-bedroom flat currently occupied by the owners, which is well maintained and suitable for owner accommodation.
Landlord’s requirements: a guarantor is required, subject to references. A rent deposit equivalent to three to six months is required, subject to references. Other standard checks will apply.
Lease details: the lease runs until February 2031 and is within the Landlord and Tenant Act 1954. The rent is £24,000 per annum exclusive. Rent reviews take place every five years, with the next review due in 2026. The premium is £140,000 for the business, lease, and fixtures and fittings.
The premises: internal area of approximately 601.16 sq ft. Seating capacity includes 24 covers inside, 16 at the front, and 20 to the rear. The premises benefit from gas and extraction and hold a premises licence. The rateable value is £10,750, qualifying for 100% rate relief.
The flat (upper part): a well-maintained three-bedroom flat with a private balcony, its own kitchen, and central heating. There is no separate access. The flat is currently used by the owners.
The business: gross revenue is reported to be approximately £364,000 per annum, equating to around £7,000 per week. The business is managed by the owner and employs four full-time and one part-time member of staff.
The location: situated in Hampton, TW12. Street parking is available, and the property is located a few minutes from Hampton station.
Viewings and confidentiality: all interested buyers must provide proof of funds sufficient to meet the premium and landlord’s requirements. A non-disclosure agreement must be agreed with the company due to confidentiality requested by the client. Viewings are strictly arranged through Restaurant Property Sellers only. Use of the website constitutes agreement with the company’s terms and conditions.
Disclaimer: the above information has been provided by the seller and is issued without responsibility on the part of the firm and should not be relied upon as statements of fact. Any intending purchaser must satisfy themselves as to the accuracy of each statement. Neither the firm nor any of its employees has authority to make or give any representation or warranty in relation to this property.
